Pricing
Current fee model for NFDs
NFDomains has announced plans to move from a one-time purchase model to a yearly renewal model to deter domain squatters and build a more long term sustainable economic model for the protocol. All existing NFDs will be grandfathered into Legacy status. Please read the blog post here for more details.
Roots
NFDs are a one-time purchase at a fixed USD value. The amount of ALGO will fluctuate based on the ALGO/USD conversion at the time of purchase.
Common (Buy it now) - These names make up the majority of character variations
Premium (Buy it now) - Around 100k words & names that are commonly used
Curated - Highly significant words or phrases - Auctioned in Dutch Auction format, those not sold are now resting at the floor price.
Segments (subdomains)
Costs
There are three costs associated with minting a segment, the Platform Fee, the Carry Cost, and the premium set by the root owner (the portion of the sale they receive).
If you're minting a segment off a root you own, you will only pay the Platform Fee and Carry Cost.
The platform fee will be $4, or 25% of the sales price, whichever is greater. If minting from a root you own, the platform fee scales down as more segments get minted. See Fee Tiers below.
The carry cost for an NFD is always 2.5 ALGO and paid by whoever mints the NFD.
For open segments, the owner of the root gets to set the price for segmenting and keeps a portion of the proceeds from segment sales.
To understand how the $4 or 25% Platform Fee breaks down, see an example below.
Example:
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